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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Van Wert at 326 Gordon Ave, Van Wert, OH, 45891 offers $1,102/mo rent that, after a $680/mo payment, leaves $188/mo cash flow. Total monthly income is $1,102/mo, and annual cash flow is $2,256/yr on $46,079 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 9.51% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 129.74% and total cumulative return in cash reaches $59,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,102/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy Johns • At Home Realty
Mls Name: WCAR OH
Mls ID: #309040
